An economist warns that the fast growth of billionaire wealth, which increased by $314 billion in January 2025 alone, is deepening economic inequalities. On average, the wealth of billionaires surged by approximately $10 billion daily, during an administration perceived to favor the ultra-wealthy. The #TaxTheSuperRich movement calls on G20 countries to impose taxes on the rich to combat inequality and support critical needs like climate action. This wealth increase stood in stark contrast to the earnings of the poorest third of humanity.
Extreme wealth isn't just growing - it's accelerating at breakneck speed, putting more and more power into the hands of a tiny few.
It would take a combined 15 million workers earning the average global income a full year to earn the same amount of money that around 2,800 billionaires added to their collective net worth last month alone.
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